-If our economy was operating at point O (where the two axes come together),we would have an unemployment rate of ______ percent.
A)0
B)5
C)50
D)95
E)100

Question

-If our economy was operating at point O (where the two axes come together),we would have an unemployment rate of ______ percent.
A)0 
B)5 
C)50 
D)95 
E)100

Quizplus · Accepted Answer

Point O, where the two axes come together, typically represents a situation where there is no economic activity happening at all. This would imply that everyone capable of working is unemployed, hence a 100% unemployment rate.

-If Our Economy Was Operating at Point O (Where the Two